BTC is correcting down, accumulating around 110k

💎 MID-WEEK BTC PLAN UPDATE (27/08)

📌 BTC Plan Update

BTC has followed the expected scenario:

We successfully shorted at the 117K resistance zone – where the Fibonacci 0.236 level aligned with a strong previous resistance area.

After that, price dropped sharply to the key support zone at 108K, where we successfully longed thanks to the confluence of Fibonacci 0.618 – EMA200 – and the demand zone.

Currently, price is reacting around the 111K – 112K range. Although it hasn’t broken out clearly yet, this is a signal that the market may gradually start accumulating again.

➡️ The important thing now is to hold positions and patiently wait for stronger bullish signals at the next resistance zones (114K – 117K) to confirm a recovery trend.